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Tenancy Agreement

THIS TENANCY AGREEMENT is made this 6 June 2006

BETWEEN
David Joe NRIC: 770707-10-3213
23,Jalan Ramlee, 50300 KL, Malaysia.
(hereinafter called "the Landlord") of the one part

AND
Jack Lim NRIC: 730202-06-7117
30, Taman Mewah, 48000 Bangi, Malaysia.
(hereinafter called "the Tenant") of the other part.

WHEREBY IT IS agreed as follows

1. The Landlord hereby agrees to let and the Tenant agrees to rent the 1-32B,
Pelangi Court, Taman Rose, 53100 KL (hereinafter referred to as "the
Premises") together with all the fittings, fixtures and furniture therein if
any, described in the inventory attached therein upon the terms and
conditions stated in the tenancy.
2. The Tenancy shall be for a term of Two(2) years commencing on the 1 July
2006 and ending on the 30 June 2008.
3. The rent shall be Ringgit Malaysian Two Hundred Fifty Only (RM250) per
month payable in advance on the first week of each and every month.
4. The Tenant agrees with the Landlord as follows:
a. to pay the Landlord a rental deposit of Ringgit Malaysian Five
Hundred Only (RM500) upon signing of this Tenancy Agreement the
receipt of which the Landlord hereby acknowledges which shall be
refunded without interest to the Tenant at the expiration of the term
hereby created or earlier lawful termination of this Agreement
PROVIDED THAT the Landlord shall be entitled to :
i. deduct whatever charges costs and fees payable by the
Tenant under this Agreement from the deposit if the said
charge costs and fees are outstanding at the expiration of the
term hereby created and the balance of the deposit shall be
paid to the Tenant when the keys to the premises are handed
over to the Landlord; and
ii. forfeit the deposit if the Tenant commits a breach of any of
the terms and conditions of this Tenancy
b. to duly and punctually pay the monthly rental of Ringgit Malaysian
Two Hundred Fifty Only (RM250) on the first week of each calendar
month without any deduction whatsoever. The rental deposit shall
not be treated as payment of the rental whatsoever and shall be
considered as a security for the due performance of this agreement
by the Tenant.
c. to keep and yield up at the end or sooner termination of the term
the Premises in good and tenantable condition and repair excepting
depreciation from fair wear and tear weather and natural causes
without neglect of the Tenant.
d. To duly and punctually pay all charges for electricity, water and
telephone (if any) payable in respect of the Premises.
e. not to keep any hazardous or dangerous goods or substances nor do
nor suffer anything whereby the Landlord's policy of insurance on
the Premises against damage by fire or otherwise may become void
or voidable or whereby any increased premiums may be payable in
respect thereof.
f. Not to cause nor permit or suffer any public or private nuisance in
or upon the Premises or anything which shall cause unnecessary
annoyance or inconvenience or disturbance to the occupiers of
neighboring Premises
g. to observe and comply with all municipal and other by-laws and
regulations affecting the Premises which are now in force or which
may hereafter be enacted.
h. To permit the Landlord and its servant and agents including
interested purchasers of the Premises either alone or with workmen
at all reasonable times upon giving reasonable notice to the Tenant
to enter the Premises and examine the state and condition thereof
and to carry out such repairs as the Landlord may think fit.
i. Not to use the Premises for any illegal unlawful or immoral
purposes.
j. Not to make alteration or renovations in the external appearance of
the Premises without the prior consent of the Landlord. Any such
alteration and/or partitions and ceiling shall be treated as part and
parcel of the building and shall not be removed by the Tenant on the
expiry of this Tenancy
k. at the expiration or earlier lawful determination of the Tenancy
hereby created to deliver up to the Landlord vacant possession of
the Premises in a clean and tenantable condition together with all
keys and original fitting, fixtures and furniture if any described in
the inventory attached therein to the premises.
l. Not to assign or sublet the said premises without the written
consent of the Landlord.
m. To indemnify the Landlord against all costs, claims, damages and
expenses incurred by the Landlord as a result of the breach by the
Tenant of any of the terms, conditions and covenants contained
herein.
5. The Landlord agrees with the Tenant as follows:
a. to duly and punctually pay all existing rates quit rents and
assessments affecting the Premises
b. to insure and keep insured the premises from loss or damage by fire
and to pay all premium necessary to the purposed
c. to keep and maintain in good repair the main structure, walls,
floors, ceiling, windows and doors of the Premises and shall be
responsible for repairing any damage (not cause by the Tenant or
the servants or agent of the Tenant) or defect to the structure of
foundation of the Premises, but excluding the replacement of light
bulbs, PROVIDED that if such damage is caused by the Tenant or
agents of the Tenant, the Tenant shall be liable to make good the
damage at its own cost immediately upon being notified by the
Landlord
d. that the Tenant paying the rent and performing and observing the
stipulations and provisions herein contained shall quietly occupy
and enjoy the Premises during the tenancy without any interruption
by the Landlord or any person rightfully claiming under or in trust
for them
6. AND IT IS HEREBY MUTUALLY AGREED as follows
a. that the Tenant shall have the right at the expiration of the term
hereby created to remove all furniture and fittings belonging to the
Tenant PROVIDED that no damages is done to the Premises when
removing them.
b. in the case the Premises or any part thereof shall at any time during
the said term be destroyed or damaged by fire lightning riot
tempest or other unforeseen cause so as to become unfit for
occupation and use then the Landlord shall not be bound or
compelled to rebuild or reinstate the same unless he in his
discretion thinks fit. In the event of the Landlord deciding to rebuild
and reinstate the Premises then (provided the money payable under
any policy of insurance effected by the Landlord shall not have
become irrecoverable through any act or default of the Tenant) the
rent hereby reserved or a fair and just proportion thereof according
to the nature and extent of the damage sustained shall be
suspended and cease to be payable until the Premises shall have
been again rendered fit for occupation and use. In the event of the
Landlord deciding not to rebuild and reinstate the Premises then the
rent hereby reserved shall cease and determine from the happening
of such destruction or damage as aforesaid and the Tenant will
peaceable and quietly leave surrender and yield up to the Landlord
possession of so much of the Premises as shall not have been
destroyed.
c. if the said rent or any part thereof or any payment payable to the
Landlord as stated in this Agreement shall be unpaid for fourteen
(14) days after becoming payable (whether the same shall have
been formally demanded or not) or if any of the agreements or
covenants herein expressed and on the part of the Tenant to be
performed or observed shall not be performed or observed or if the
Tenant shall become bankrupt or wound-up, whether compulsorily
or voluntarily, or enter into any arrangement or composition with its
creditors or suffer any distress or execution to be levied on goods
then and in any of the said cases it shall be lawful for the Landlord
at any time thereafter to re-enter upon the Premises or any part
thereof in the name of the whole and thereupon this Tenancy shall
absolutely determine but without prejudice to the rights of action of
the Landlord in respect of any antecedent breach of the Agreement
on the part of the Tenant herein contained.
d. the Tenant shall have the option to renew the tenancy of the
Premises for further term of One (1) year upon the same terms and
conditions, covenants and stipulations herein contained PROVIDED
THAT:
i. notice in writing by the Tenant to exercise the option to renew
is given three (3) months before the expiration of the
tenancy; and
ii. the rent payable on the renewed tenancy shall be reviewed
subject to further negotiation and having regard to the
prevailing market rate of similar premises in the near vicinity
of the premises
e. any notice required to be given to either party shall be deemed to
be sufficiently served if the same is sent by registered post
addressed to such party at the last-known address and shall be
deemed to have been served fourteen (14) days from the date of
posting

IN WITNESS WHEREOF the parties have hereunto set their hands the day and
the year first written.

SIGNED by the above named


Landlord in the presence of
_______________________
Name : David Joe
NRIC : 770707-10-3213
Telephone : 012-2887799 012-2887799
_______________________
Name : Address :
NRIC : 23,Jalan Ramlee,
50300 KL, Malaysia.

SIGNED by the above named


Tenant in the presence of

_______________________ _______________________
Name : Name : Jack Lim
NRIC : NRIC : 730202-06-7117
Telephone : 016-6676336 016-6676336

Address :
30, Taman Mewah,
48000 Bangi, Malaysia.

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